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Filing year 2024

CORPORATE AMERICA FAMILY CREDIT UNION

Elgin, Illinois·EIN 36-0760135·501(c)(14)
Total revenue
$56.8M
Total assets
$825.2M
Total expenses
$50.6M
Reported officers
19
Mission

CORPORATE AMERICA FAMILY CREDIT UNION IS A NOT-FOR-PROFIT, MEMBER-OWNED AND DIRECTED FINANCIAL COOPERATIVE DEDICATED TO BEING THE PRIMARY FINANCIAL INSTITUTION FOR ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

SVP & Chief Financial Officer
Above 90th percentile
$328k
$351k
Base
$276k
Bonus
Other
Benefits
$28k
SVP & Chief Information Officer
Chief Information Officer
75th to 90th percentile
$282k
$302k
Base
$221k
Bonus
Other
Benefits
$41k
Former President & CEO
75th to 90th percentile
$278k
$297k
Base
$35k
Bonus
Other
$233k
Benefits
$3k
SVP - Operations
Senior Vice President
Median to 75th percentile
$242k
$259k
Base
$195k
Bonus
Other
Benefits
$28k
Former VP - Commercial Services
Board Vice President
75th to 90th percentile
$221k
$237k
Base
$170k
Bonus
Other
Benefits
$12k
VP - Commercial Lending
Board Vice President
Median to 75th percentile
$196k
$210k
Base
$162k
Bonus
Other
Benefits
$19k
Former VP - Lending
Board Vice President
Median to 75th percentile
$196k
$210k
Base
$171k
Bonus
Other
Benefits
$9k
VP - Branch Operations
Board Vice President
Median to 75th percentile
$187k
$200k
Base
$153k
Bonus
Other
Benefits
$19k
First VP - Payments
Board Vice President
Median to 75th percentile
$178k
$190k
Base
$145k
Bonus
Other
Benefits
$18k
President & CEO
Median to 75th percentile
$131k
$141k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Down 76%
from 2023

From $1.3M in 2023 to $328k in 2024.

$1.3M
2023
$328k
2024
In today's dollarsEst.
Down 77% in real terms$1.5M to $351k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 36% from 2023 to 2024, while revenue rose 22%.

$242k in 2023 to $328k in 2024.
  • Chief Information Officer pay rose 10% from 2023 to 2024.
  • Chief Executive Officer pay fell 79% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CORPORATE AMERICA FAMILY CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$46.5M
$45.2M
2023
$56.8M
$50.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CORPORATE AMERICA FAMILY CREDIT UNION

What does the Chief Financial Officer of CORPORATE AMERICA FAMILY CREDIT UNION earn?

In 2024, the Chief Financial Officer of CORPORATE AMERICA FAMILY CREDIT UNION received $327,968 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at CORPORATE AMERICA FAMILY CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at CORPORATE AMERICA FAMILY CREDIT UNION falls in the top 10%.

What are CORPORATE AMERICA FAMILY CREDIT UNION's revenue and expenses?

In 2024, CORPORATE AMERICA FAMILY CREDIT UNION reported $56.8M in total revenue and $50.6M in total expenses on its IRS Form 990.

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